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Job Details


Merck & Co, Inc

Associate Director, Cost of Sales and Inventory (COSI) ( MERCUSR80011ENUS)

Sales and Marketing

Director of Marketing

Yearly

No

Kenilworth, New Jersey, United States

Job Description

Subject to applicable law, all prospective hires will be required to demonstrate that they have been fully vaccinated for COVID-19 or intend to be vaccinated for COVID-19 by November 1, 2021, or qualify for a medical or religious accommodation to this vaccination requirement. Hired candidates who are not vaccinated by November 1, 2021, and who have not been approved for a legally-required medical or religious accommodation will be subject to disciplinary action up to and including termination of employment, in accordance with applicable law.

The Associate Director, Cost of Sales and Inventory (COSI) is:

Primary tasks for this position include, but are not limited to, the following:

Accountable for understanding and documentation of the end-to-end business process for costing, inventory, transfer pricing and FSC in order to:

  • Ensure relevant risks have been identified and mitigated by appropriately designed controls
  • Ensure there is formalized and documented business process and controls
  • Ensure documentation is updated to reflect current state execution of end to end process
  • Ensure controls are executed and documented on a timely basis to maintain an effective control environment

Work closely with Costing, Inventory, above market stake holders during the month end close to continue driving process optimization to support the accelerated close calendar

  • Identify activities areas of success for each close to drive initiative to ensure consistent execution
  • Identify issues and implement mitigation plan for following close
  • Implement appropriate tracking metrics to measure performance

Comprehend business process challenges and strengths and share and thought directional insights on best practices

Accountable for coordinating efforts with Inventory and Above Market teams to identify areas of efficiency and drive initiative to optimize those activities.

Accountable for the harmonization of business processes to support the Global Cost of Sales and Inventory(COSI) business delivery model.

Accountable for Internal Controls System (Archer)

  • Maintain control over the Archer system and maintain the information updated especially for the operations under Global Financial Services (GFS) scope
  • Partner with audit to be the US Cost of Sales and Inventory (COSI) liaison to standardize control set, comprehend process changes/control impacts, and facilitate change management

Partner with Business Service Center (BSC) to identify potential areas for automation and standardization.

Serve as the enabler/liaison between IT and COSI team in order identify areas of potential efficiency while maintaining a strong internal control.

Position Qualifications:

Education Minimum

  • Undergraduate in Accounting or Finance
  • CPA or MBA preferred

Experience and Skills:

  • 7+ years in accounting/finance
  • Ability to confidently and effectively interact with senior directors and stakeholders to assess and comprehend business requirements, convey project plans and status, and effectively interact as a leader on projects with global implications
  • Excellent communication, partnership and interpersonal skills along with demonstrated knowledge working with global and cross-functional teams
  • Strong analytical skills and detail oriented
  • Engages customers and stakeholders and demonstrates knowledge and awareness of their needs/expectation
  • Proficient in Microsoft applications (i.e. Excel, Word, PowerPoint).
  • Comply with and complete SOX 404 requirements

Preferred Skills:

  • Willingness and capability to gather data and comprehend the desired outcomes cross functionally, ability to influence result making, project management skills and results oriented.
  • Knowledge of sales, inventory and cost accounting

Our Support Functions deliver services and make recommendations about ways to enhance our workplace and the culture of our organization. Our Support Functions include HR, Finance, Information Technology, Legal, Procurement, Administration, Facilities and Security.

Who we are …

We are known as Merck & Co., Inc., Kenilworth, New Jersey, USA in the United States and Canada and MSD everywhere else. For more than a century, we have been inventing for life, bringing forward medicines and vaccines for many of the world's most challenging diseases. Today, our company continues to be at the forefront of research to deliver innovative health solutions and advance the prevention and treatment of diseases that threaten people and animals around the world.

We are driven by our purpose to develop and deliver innovative products that save and improve lives. With 69,000 employees operating in more than 140 countries, we offer state of the art laboratories, plants and offices that are designed to Inspire our employees as we learn, develop and grow in our careers. We are proud of our 125 years of service to humanity and continue to be one of the world’s biggest investors in Research & Development.

What we look for …

In a world of rapid innovation, we seek brave Inventors who want to make an Impact in all aspects of our business, enabling breakthroughs that will affect generations to come. We encourage you to bring your disruptive thinking, collaborative spirit and diverse perspective to our organization. Together we will continue Inventing For Life, Impacting Lives while Inspiring Your Career Growth.

INVENT.

IMPACT.

INSPIRE.

NOTICE FOR INTERNAL APPLICANTS

In accordance with Managers' Policy - Job Posting and Employee Placement, all employees subject to this policy are required to have a minimum of twelve (12) months of service in current position prior to applying for open positions.

If you have been offered a separation benefits package, but have not yet reached your separation date and are offered a position within the salary and geographical parameters as set forth in the Summary Plan Description (SPD) of your separation package, then you are no longer eligible for your separation benefits package. To discuss in more detail, please contact your HRBP or Talent Acquisition Advisor.

Current Employees apply HERE

Current Contingent Workers apply HERE

Secondary Language(s) Job Description

Primary responsibilities for this position include, but are not limited to, the following:

  • Responsible for understanding and documentation of the end-to-end business process for costing, inventory, transfer pricing and FSC in order to:
    • Ensure relevant risks have been identified and mitigated by appropriately designed controls
    • Ensure there is formalized and documented business process and controls
    • Ensure documentation is updated to reflect current state execution of end to end process
    • Ensure controls are executed and documented on a timely basis to maintain an effective control environment
  • Work closely with Costing, Inventory, above market stake holders during the month end close to continue driving process optimization to support the accelerated close calendar
    • Identify activities areas of success for each close to drive initiative to ensure consistent execution
    • Identify challenges and implement mitigation plan for following close
    • Implement appropriate tracking metrics to measure performance
  • Understand business process challenges and strengths and share and thought leadership insights on best practices
  • Responsible for coordinating efforts with Inventory and Above Market teams to identify areas of efficiency and drive initiative to optimize those activities.
  • Responsible for the harmonization of business processes to support the Global COSI business delivery model.
  • Responsible for Internal Controls System (Archer)
    • Maintain control over the Archer system and maintain the information updated especially for the operations under GFS scope
    • Partner with audit to be the US COSI liaison to standardize control set, understand process changes/control impacts, and facilitate change management
  • Partner with BSC to understand potential areas for automation and standardization.
  • Serve as the enabler/liaison between IT and COSI team in order identify areas of potential efficiency while maintaining a strong internal control.
  • Qualifications
  • Education:

  • BS in Accounting or Finance required
  • CPA or MBA preferred
  • Required:

  • 7+ years accounting/finance experience
  • Ability to confidently and effectively interact with senior leaders and stakeholders to assess and understand business requirements, communicate project plans and status, and effectively interact as a leader on projects with global implications
  • Excellent communication, collaboration and interpersonal skills required along with demonstrated experience working with global and cross-functional teams
  • Strong analytical skills and detail oriented
  • Engages customers and stakeholders and demonstrates knowledge and awareness of their needs/expectation
  • Proficient in Microsoft applications (i.e. Excel, Word, PowerPoint).
  • Comply with and complete SOX 404 requirements
  • Preferred:

  • Willingness and capability to gather data and understand the desired outcomes cross functionally, ability to influence decision making, project management skills and results oriented.
  • Knowledge of sales, inventory and cost accounting

US and Puerto Rico Residents Only:

Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here if you need an accommodation during the application or hiring process.

For more information about personal rights under Equal Employment Opportunity, visit:

EEOC Poster

EEOC GINA Supplement​

OFCCP EEO Supplement

Pay Transparency Nondiscrimination

We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively. We are an equal opportunity employer, committed to fostering an inclusive and diverse workplace.

Search Firm Representatives Please Read Carefully
Merck & Co., Inc., Kenilworth, NJ, USA, also known as Merck Sharp & Dohme Corp., Kenilworth, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

Employee Status:

Regular

Relocation:

No relocation

VISA Sponsorship:

No

Travel Requirements:

10%

Flexible Work Arrangements:

Not Specified

Shift:

Valid Driving License:

Hazardous Material(s):

Number of Openings:

1

Requisition ID:R80011